lbsnake7

8 ms·

1.
by lbsnake7 2y ago
Great documentary that Frontline made about something similar called Firestone and the Warlord. Firestone paid warlord Charles Taylor money to ‘protect’ their rubber plantations (essentially extortion), this money ended up providing him alm
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by lbsnake7 3y ago
They did all those things unsustainably so they could gain market share and raise prices when people were locked in. Similar to Uber and AirBnB etc. All those things are good but not feasible and subsidized by the capital/venture marke
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by lbsnake7 3y ago
MLS has the same problem basketball leagues have overseas. The NBA is where the best players in the world play and I can watch it on TV, why would I watch a local sports league? There is some hometown pride from the diehards but casuals wou
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by lbsnake7 3y ago
I’ve heard of this before. That there are geniuses tolling away in fields but because they don’t have the right resources, no one knows who they are. But Isaac Newton changed science without the Industrial Revolution. Without running water
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by lbsnake7 3y ago
The reason for the strong political influence of the military is two fold: 1. Political institutions in Pakistan are very weak and when things start to truly go bad, people look toward the military to bring law and order and not their elect
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by lbsnake7 4y ago
I have been reading about this topic recently and still don't really understand how 'new money' is being created. In a loan, the bank creates an IOU that didn't exist before and doesn't point to a stack of $$ on the
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by lbsnake7 4y ago
This is wrong. Tesla does have the advantage of being the more tech of all the car companies. They have the disadvantage of being bad at the car part. They spent massive amounts of time and energy being vertically integrated as much as poss
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by lbsnake7 4y ago
Oil money solves everything. Even dumb ideas!
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by lbsnake7 5y ago
I would agree that Russia and China bluff their strength but there are entire countries that run their militaries off of purely Russian/Chinese equipment. To trust your national security to something that is subpar seems like a recipe
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by lbsnake7 5y ago
Is the clusterfuck that GE went through the last 10 years purely because they over extended their financing arm? I genuinely ask because their products are still in demand and they have huge market shares in the divisions they are in. On pa
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by lbsnake7 5y ago
There is a future that exists where cars aren’t allowed in major cities. Something similar to Amsterdam where people and bikes have right of way, and cars are the least preferred mode of travel. Obviously there are situations where you need
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by lbsnake7 5y ago
Musk has gained more from this market than any other human alive. From the over valuations to the cult of personality, he will be the poster for the 2010/2020s financial markets. It would be dumb for him not to get involved and influen
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by lbsnake7 5y ago
Can someone help me understand this from an investment perspective? AOL and Yahoo were worth a combined $400 billion in the 90s. Was investing in either of those companies essentially a fail? Were all those investors wrong or did they someh
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by lbsnake7 6y ago
When Facebook first went public, an older relative asked me if he should invest in Facebook. My only insight was being an internet user at the time and I said no, there was no reason that Facebook wouldn’t be another MySpace. Facebook'
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by lbsnake7 6y ago
There is a great PBS Frontline documentary called ‘Firestone and the Warlord’ about the Liberian Civil War in the 80’s and 90’s and the role that the Firestone Tire company had in legitimizing Charles Taylor (who was convicted of war crimes
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by lbsnake7 7y ago
Is this for real? Or is this bitcoin for 2020?
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by lbsnake7 7y ago
My argument to this would be that changing our world because of a faulty model system would be disastrous. Because of the advancements of the last two centuries more people have had food and water and basic necessities being met then at any
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by lbsnake7 7y ago
I’m a climate change skeptic almost entirely because I don’t trust models. I believe there are too many dynamic things happening in the world for anyone to be able to predict accurately say the next 100 years (solar, earthquakes, volcanoes
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Trump administration pressed Dutch hard to cancel China chip-equipment sale(reut.rs)
3 points by lbsnake7 7y ago|0 comments
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by lbsnake7 7y ago
Congratulations to her but it seems like age is seen as less of a factor in these countries. From an outside perspective, the Nordic countries have a very by the book form of government. Meaning the government/prime minister isn’t the
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by lbsnake7 7y ago
You aren’t supposed to take that too seriously. The cabbies are usually doing it for dramatic effect for their passenger. It works for me when I’m in a cab and my cabbie honks at people. Feels like he’s trying to get somewhere on time. Prob
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by lbsnake7 7y ago
The other day I was reading about Miranda rights and I didn’t realize it wasn’t a thing until the 60s. It was heavily pushed and publicized by lawyers to make it a necessity to have lawyers at every step of the way. There is some debate abo
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by lbsnake7 8y ago
Who decides these nonnegotiable values? Society as a whole? If half of the country voted for Trump and believes in his values, then half of the society that you are a part of has different nonnegotiable values. So these values are no longer
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by lbsnake7 9y ago
I don't know if this line of thinking will get any play on this forum as I have read people praising him constantly, but what does this mean for Snowden? He was working for the NSA, stole secrets from his government and gave it to repo
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by lbsnake7 9y ago
For people that don't know what 'digital industrial' is: Basically you put sensors on all your products and then gather all that data to predict/prevent failures or problems. But why does GE constantly use the term to sh
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by lbsnake7 9y ago
This is somewhat false. McDonalds amassed all of this real estate during the normal course of doing its main business. It would be like saying Walmart is in the shelf business because they have a lot of shelves. If amassing large amounts of
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by lbsnake7 11y ago
No one is promising a return, but the amount of people in the Bitcoin community that have said that the price could realistically reach into the millions is laughably too many. Bitcoin proponents have a lot in common with pyramid scheme pus
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by lbsnake7 12y ago
Money represents work. When you do work, you get money. When you want work done, you give money to someone else. That's fundamentally what our economy runs on. You could argue that some people take advantage of this on the top, but the
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by lbsnake7 12y ago
I always wondered if it was possible to have a dedicated autonomous car lane on the highway, similar to a HOV lane. To get on, you would park your car at a designated area. The computer would start to sync with all the other cars traveling
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by lbsnake7 12y ago
If it does go to South America, USA might be screwed. America imports all of it's bananas, Chile mostly. Hawaii makes a negligible amount that I think never even leaves Hawaii. Side note, I've been interested in fruits, and the fr

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